Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2019
Open to Public Inspection
For calendar year 2019, or tax year beginning 04-01-2017 , and ending 03-31-2018
Name of foundation
OLD LADIES HOME ASSOCIATION
 
Number and street (or P.O. box number if mail is not delivered to street address)2034 EAST NORTHSIDE DRIVE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
JACKSON, MS39211
A Employer identification number

64-0303089
B Telephone number (see instructions)

(601) 366-6623
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$44,431,024J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 364,775
2 Check bullet.............
3 Interest on savings and temporary cash investments 223,262 168,466 223,262
4 Dividends and interest from securities... 376,670 376,670 376,670
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 458,097
b Gross sales price for all assets on line 6a 6,227,303
7 Capital gain net income (from Part IV, line 2)... 458,097
8 Net short-term capital gain......... 30,384
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 947,727 0 947,727
12 Total. Add lines 1 through 11........ 2,370,531 1,003,233 1,578,043
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 16,303 13,042 16,303 3,261
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 20,010 0 20,010 0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 63,421 60,929 63,421 0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 99,734 73,971 99,734 3,261
25 Contributions, gifts, grants paid....... 1,380,773 1,380,773
26 Total expenses and disbursements. Add lines 24 and 25 1,480,507 73,971 99,734 1,384,034
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 890,024
b Net investment income (if negative, enter -0-) 929,262
c Adjusted net income (if negative, enter -0-)... 1,478,309
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2019)
Form 990-PF (2019)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 1,088,024 178,332 178,332
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 4,961,502 Click to see attachment4,121,069 4,057,161
b Investments—corporate stock (attach schedule)....... 2,019,670 Click to see attachment2,126,970 6,989,029
c Investments—corporate bonds (attach schedule)....... 3,433,700 Click to see attachment5,270,507 5,092,752
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 6,631,335 Click to see attachment6,379,650 8,816,716
14 Land, buildings, and equipment: basis bullet172,076
Less: accumulated depreciation (attach schedule) bullet   172,076 172,076 172,076
15 Other assets (describe bullet) Click to see attachment18,177,231 Click to see attachment19,124,958 Click to see attachment19,124,958
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 36,483,538 37,373,562 44,431,024
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 36,483,538 37,373,562
30 Total liabilities and net assets/fund balances (see instructions). 36,483,538 37,373,562
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
36,483,538
2
Enter amount from Part I, line 27a .....................
2
890,024
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
37,373,562
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
37,373,562
Form 990-PF (2019)
Form 990-PF (2019)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES      
b PUBLICLY TRADED SECURITIES      
c CAPITAL GAINS DIVIDENDS P    
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 5,720,859   5,769,206 -48,347
b 30,384     30,384
c 476,060     476,060
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -48,347
b       30,384
c       476,060
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 458,097
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3 30,384
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2018 3,376,493 26,505,958 0.127386
2017 515,067 25,424,124 0.020259
2016 1,340,419 25,934,477 0.051685
2015 484,416 23,957,321 0.020220
2014 579,059 21,554,422 0.026865
2
Total of line 1, column (d) .....................
2
0.246415
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......
3
0.049283
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5......
4
25,885,359
5
Multiply line 4 by line 3......................
5
1,275,708
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
9,293
7
Add lines 5 and 6........................
7
1,285,001
8
Enter qualifying distributions from Part XII, line 4,.............
8
1,384,034
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2019)
Form 990-PF (2019)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 9,293
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 9,293
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 9,293
6 Credits/Payments:
a 2019 estimated tax payments and 2018 overpayment credited to 2019 6a 12,720
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 5,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 17,720
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 101
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 8,326
11 Enter the amount of line 10 to be: Credited to 2020 estimated taxBullet8,326 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMS
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2019 or the taxable year beginning in 2019? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletANNE P WELLS Telephone no.bullet (601) 366-6623

    Located atbullet2034 EAST NORTHSIDE DRIVEJACKSONMS ZIP+4bullet39211
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2019, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2019?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2019, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2019?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2019 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2019.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2019?
    4b
     
    No
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    JANE S ROPER PRESIDENT
    0.25     		0 0 0
    2034 EAST NORTHSIDE DRIVE
    JACKSON,MS39211
    ANNE W ROGERS SECRETARY
    0.25     		0 0 0
    2034 EAST NORTHSIDE DRIVE
    JACKSON,MS39211
    ANNE P WELLS TREASURER
    0.25     		0 0 0
    2034 EAST NORTHSIDE DRIVE
    JACKSON,MS39211
    MARILYN M MCCLENDON DIRECTOR
    0.25     		0 0 0
    2034 EAST NORTHSIDE DRIVE
    JACKSON,MS39211
    CHARLOTTE W MCNEEL DIRECTOR
    0.25     		0 0 0
    2034 EAST NORTHSIDE DRIVE
    JACKSON,MS39211
    SALLIE R MOSELEY DIRECTOR
    0.25     		0 0 0
    2034 EAST NORTHSIDE DRIVE
    JACKSON,MS39211
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 DIRECT FINANCIAL ASSISTANCE PROVIDED TO THE UNIVERSITY OF MISSISSIPPI MEDICAL CENTER MEMORY IMPAIRMENT AND NEURODEGENERATIVE DEMENTIA CENTER. 591,550
    2 DIRECT FINANCIAL ASSISTANCE IS PROVIDED TO THE WILLARD F. BOND HOME, A LONG TERM BENEVOLENT RETIREMENT HOME, TO PROVIDE FOR EVERYDAY OPERATIONS OF A HOME FOR THE ELDERLY AND DISABLED. 500,223
    3 DIRECT FINANCIAL ASSISTANCE PROVIDED TO METHODIST REHABILITATION CENTER 189,000
    4 DIRECT FINANCIAL ASSISTANCE PROVIDED TO GLEANERS, INC., A NON-PROFIT ORGANIZATION THAT SALVAGES FOOD THAT OTHERWISE WOULD GO TO WASTE AND REDISTRIBUTES IT TO OTHER NON-PROFIT SHELTERS IN THE JACKSON, MS METRO AREA. 100,000
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    25,252,247
    b
    Average of monthly cash balances.......................
    1b
    855,229
    c
    Fair market value of all other assets (see instructions)................
    1c
    172,076
    d
    Total (add lines 1a, b, and c).........................
    1d
    26,279,552
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    26,279,552
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    394,193
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    25,885,359
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,294,268
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
     
    2a
    Tax on investment income for 2019 from Part VI, line 5......
    2a
     
    b
    Income tax for 2019. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
     
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
     
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    1,384,034
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,384,034
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    9,293
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,374,741
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2018     		(c)
    2018     		(d)
    2019
    1 Distributable amount for 2019 from Part XI, line 7  
    2 Undistributed income, if any, as of the end of 2019:
    a Enter amount for 2018 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2019:
    a From 2014......  
    b From 2015......  
    c From 2016......  
    d From 2017......  
    e From 2018......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2019 from Part
    XII, line 4: bullet$  
    a Applied to 2018, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2019 distributable amount.....  
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2019.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2018. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2019. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2020 ..........     		 
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2014 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2020.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2015....  
    b Excess from 2016....  
    c Excess from 2017....  
    d Excess from 2018....  
    e Excess from 2019....  
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2019, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2019 (b) 2018 (c) 2017 (d) 2016
    0       0
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		1,384,034 3,389,195 515,067 1,352,797 6,641,093
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		0 0 0 0 0
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		1,384,034 3,389,195 515,067 1,352,797 6,641,093
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		862,845 883,532 847,471 864,483 3,458,331
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    UNIV OF MS MED CNTR MEMORY IMPAIRMENT AND NEURODEGENRATIVE DEMENTIA CENT
    2500 N STATE STREET
    JACKSON,MS39216     		    ELDERLY CARE 591,550
    WILLARD F BOND HOME
    7521 OLD CANTON ROAD
    MADISON,MS39110     		    NURSING HOME 500,223
    METHODIST REHABILITATION CENTER
    1350 EAST WOODROW WILSON
    JACKSON,MS39216     		    MEDICAL REHABILITATION 189,000
    GLEANERS INC
    237 BRIARWOOD DR
    JACKSON,MS39206     		    FOOD SALVAGE FOR CHARITABLE REDISTRIBUTION 100,000
    Total .................................bullet 3a 1,380,773
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 223,262  
    4 Dividends and interest from securities....     14 376,670  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 458,097  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aINCREASE IN VALUE OF BENEFICIAL INTEREST IN TRUST HELD BY 3RD PARTIES     		    14 947,727  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 2,005,756 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    2,005,756
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    N/A N/A
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2019)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2019
    Name of the organization
    OLD LADIES HOME ASSOCIATION
     
    Employer identification number

    64-0303089
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2019)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2019) Page 2
    Name of organization
    OLD LADIES HOME ASSOCIATION
          		Employer identification number
    64-0303089
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    REGIONS BANK AS TRUSTEE OF CRAT UW OF GERTRUDE TURNER FBO O
     
    1900 5TH AVE N SUITE 2500
     
    BIRMINGHAM, AL35203

    		$ 130,617


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    REGIONS BANK R MASON STRICKER FOUNDATION FOR OLD LADIES HOM
     
    210 EAST CAPITOL STREET 3RD FLOOR
     
    JACKSON, MS39201

    		$ 201,616


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
    UM WILLIAM H ELLSWORTH FOUNDATION
     
    PO BOX 1802
     
    PROVIDENCE, RI02901

    		$ 20,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2019)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2019)
    Page 3
    Name of organization
    OLD LADIES HOME ASSOCIATION
          		Employer identification number

    64-0303089
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2019)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2019)
    Page 4
    Name of organization
    OLD LADIES HOME ASSOCIATION
          		Employer identification number

    64-0303089
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2019)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2017 AccountingFeesSchedule
    Name:
    OLD LADIES HOME ASSOCIATION
    EIN:
    64-0303089
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 16,303 13,042 16,303 3,261

    TY 2017 InvestmentsCorpBondsSchedule
    Name:
    OLD LADIES HOME ASSOCIATION
    EIN:
    64-0303089
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AIR LEASE CORP 23,622 23,576
    AMERICAN EXPRESS BANK 100,000 98,825
    AMERICAN EXPRESS BANK 250,000 244,537
    AMERICAN EXPRESS CREDIT CORP 23,981 23,729
    AMERICAN HONDA FINANCE CORP 36,948 36,814
    AMGEN INC 26,808 25,438
    ANHEUSER-BUSCH 50,046 49,855
    APPLE INC 25,948 25,361
    APPLE INC 150,000 145,096
    APPLE INC 24,808 24,086
    ASTRAZENECA PLC 25,003 24,866
    ASTRAZENECA PLC 100,962 98,714
    AT&T 27,280 24,083
    AT&T CALLABLE DTD 5/4/15 4.5% 25,215 25,536
    BANK OF AMERICA 158,755 151,143
    BANK OF MONTREAL 24,996 24,575
    BERKSHIRE HATHAWAY INC 153,483 146,202
    BIOGEN INC 49,089 47,707
    BOFI FEDERAL BANK 150,000 146,107
    CAPITAL ONE FINL CORP 25,009 24,609
    CATERPILLER FIN. INC. 100,000 93,565
    CELTIC BANK 100,000 97,610
    CHUBB INSURANCE HOLDINGS INC 101,066 97,440
    CISCO SYSTEMS INC 25,043 24,819
    CISCO SYSTEMS INC 25,925 24,240
    CISCO SYSTEMS INC 101,998 98,192
    CITIGROUP INC 37,968 37,546
    COCA COLA 100,106 97,334
    COMCAST CORP 27,066 23,825
    COMCAST CORP 22,895 22,714
    CSX CORP 22,991 22,887
    CVS HEALTH CORP 24,032 24,024
    DESTRA PREFERRED & INCOME SECURITIES FUND 100,000 104,360
    DODGE & COX INCOME FD 130,804 127,811
    DUKE ENERGY CORP 23,456 23,046
    ENTERY ARKANSAS INC 130,940 124,687
    FIFTH THIRD BANK 25,041 24,347
    FORD MOTOR CREDIT 25,437 24,886
    GENERAL ELECTRIC 26,385 24,118
    GILEAD SCIENCES INC 25,002 25,089
    GOLDMAN SACHS INC 28,603 24,966
    GOLDMAN SACHS INC 23,709 23,348
    HSBC BANK USA 200,000 195,188
    HARLEY-DAVIDSON INC 103,240 99,079
    IBM CORP 23,925 23,876
    IBM CORP 101,310 97,707
    INTEL CORP 26,249 25,394
    JOHN DEERE CAPITAL CORP 25,133 24,857
    JOHNSON & JOHNSON 98,360 94,230
    JP MORGAN CHASE & CO. COM 107,731 100,811
    JP MORGAN CHASE & CO. COM 150,000 149,286
    JP MORGAN CHASE & CO. COM 51,345 49,727
    KROGER 26,690 24,379
    LOCKHEED MARTIN 24,691 24,579
    LLOYDS BANK GROUP 23,018 23,230
    MERRILL LYNCH & CO 28,966 25,065
    MERRILL LYNCH & CO 23,436 25,267
    MICROSOFT CORP 103,188 96,556
    MOLSON COORS BREWING CO 24,237 25,589
    MORGAN STANLEY 24,087 23,883
    MORGAN STANLEY 25,222 24,381
    NIKE INC 102,014 96,684
    OCCIDENTAL PETROLEUM CORP 99,072 95,862
    OPPENHEIMER TOTAL RETURN BOND FUND 32,925 31,968
    ORACLE CORP 28,701 25,023
    ORACLE CORP 104,079 99,722
    ORACLE CORP 23,940 23,459
    PIONEER BOND FUND CLASS 128,607 124,474
    PRUDENTIAL FINANCIAL 26,620 24,921
    QUALCOMM INC 255,132 236,990
    ROYAL BANK OF CANADA 23,999 23,648
    SHELL 24,945 24,680
    SIMON PROPERTY GRP 150,184 143,920
    SUNTRUST BKS 25,984 25,428
    TORONTO-DOMINION BANK 24,576 24,028
    TOYOTA MOTOR CREDIT 25,512 24,340
    VALERO ENERGY 24,728 23,987
    VERIZON 25,237 25,645
    WALGREENS BOOTS ALLIANCE 25,096 24,621
    WALT DISNEY 102,112 96,678
    WELLS FARGO & CO 23,792 24,327
    WELLS FARGO & CO 98,010 93,885
    WELLS FARGO & CO 23,994 23,665

    TY 2017 InvestmentsCorpStockSchedule
    Name:
    OLD LADIES HOME ASSOCIATION
    EIN:
    64-0303089
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ACE LTD 30,187 36,517
    AMERICAN EXPRESS CO 32,464 37,312
    APPLE INC 127,521 352,338
    AT&T 56,766 142,600
    BLACKROCK INC 69,773 114,845
    BRISTOL MEYERS SQUIBB CO 65,909 63,250
    CISCO SYSTEMS INC 79,808 115,160
    CITIGROUP INC 52,608 66,960
    CITRIX SYSTEMS INC 37,461 59,021
    COCA COLA 24,249 1,014,525
    COLGATE PALMOLIVE 67,446 688,128
    DOLLAR GENERAL 98,784 106,460
    EXXON MOBILE CORP 163,057 913,823
    FORD MOTOR CO 29,760 22,160
    GENERAL ELECTRIC 35,081 215,680
    GOOGLE INC 71,789 98,528
    GOOGLE INC 72,128 100,084
    HONEYWELL INTERNATIONAL INC 74,020 100,868
    INTEL CORP 58,447 120,357
    JP MORGAN CHASE & CO. COM 106,392 296,919
    LOGMEIN 9,453 12,595
    LYONDELLBASELL INDUSTRIES 101,700 105,680
    MCKESSON CORP 47,892 28,174
    MEDTRONIC PLC 46,938 46,127
    MERCK & CO 27,162 265,977
    NEXTERA ENERGY, INC. 48,255 89,342
    NIKE INC 59,033 72,087
    ORACLE SYSTEMS 22,458 228,750
    PROCTER & GAMBLE CO COM 73,963 463,788
    PRUDENTIAL FINANCIAL 120,671 248,520
    SCHLUMBERGER 30,998 63,161
    STRYKER CORP 60,014 86,414
    WALT DISNEY 17,146 200,880
    WASTE MANAGEMENT INC 51,053 71,334
    WELLS FARGO & CO 56,584 340,665

    TY 2017 InvestmentsGovtObligationsSch
    Name:
    OLD LADIES HOME ASSOCIATION
    EIN:
    64-0303089
    US Government Securities - End of Year Book Value:

    2,608,839
    US Government Securities - End of Year Fair Market Value:

    2,554,745
    State & Local Government Securities - End of Year Book Value:


    1,512,230
    State & Local Government Securities - End of Year Fair Market Value:


    1,502,416


    TY 2017 InvestmentsOtherSchedule2
    Name:
    OLD LADIES HOME ASSOCIATION
    EIN:
    64-0303089
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    FIDELITY ADVISOR NEW INSIGHT S INST AT COST 933,360 1,503,261
    FRANKLIN MUTUAL DISCOVERY Z FUND AT COST 1,083,901 1,181,411
    JOHN HANCOCK DISCIP VALUE AT COST 632,691 810,026
    JOHN HANCOCK DISCIP VALUE MID CAP AT COST 295,439 555,992
    JOHN HANCOCK INTERNATIONAL GROWTH AT COST 535,750 679,982
    JOHN HANCOCK STRATEGIC INCOME OPP AT COST 210,879 206,824
    MERIDIAN SMAL CAP GROWTH INVESTOR AT COST 186,243 252,053
    OPPENHEIMER STEELPATH MLP SELECT AT COST 115,000 90,429
    PARHAM BRIDGES MEMORIAL FUND AT COST 323,219 348,898
    PIONEER MULTI-ASSET ULTRASHORT INC FUND AT COST 190,838 188,748
    PIONEER STRATEGIC INCOME FUND AT COST 208,160 206,246
    T. ROWE PRICE EQUITY INCOME FUND AT COST 881,282 1,180,301
    T. ROWE PRICE GROWTH STOCK AT COST 258,580 725,871
    T. ROWE PRICE MID CAP GROWTH FUND AT COST 199,010 540,267
    THORNBURG INVEST INC AT COST 75,000 85,973
    UNDISCOVERED MGRS BEHAVIORAL VALUE AT COST 250,298 260,434

    TY 2017 OtherAssetsSchedule
    Name:
    OLD LADIES HOME ASSOCIATION
    EIN:
    64-0303089
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    BENEFICIAL INTEREST IN PERPETUAL TRUST HELD BY THIRD PARTIES 18,177,231 19,124,958 19,124,958


    TY 2017 OtherExpensesSchedule
    Name:
    OLD LADIES HOME ASSOCIATION
    EIN:
    64-0303089
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK AGENCY FEES / MGT FEES 48,119 48,119 48,119 0
    ACCRETION 8,036 8,036 8,036 0
    INSURANCE 7,266 7,266 7,266 0
    EXPENSES ALLOCATED TO TAX-EXEMPT INCOME 0 -2,492 0 0


    TY 2017 OtherIncomeSchedule2
    Name:
    OLD LADIES HOME ASSOCIATION
    EIN:
    64-0303089
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    INCREASE IN VALUE OF BENEFICIAL INTEREST IN TRUST HELD BY 3RD PARTIES 947,727   947,727


    TY 2017 TaxesSchedule
    Name:
    OLD LADIES HOME ASSOCIATION
    EIN:
    64-0303089
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAXES 20,010 0 20,010 0